Presenting this one bedroom apartment within the Meridian Plaza development in the heart of Cardiff City Centre. An ideal investment opportunity with a proven rental income of £1000 pcm. The development itself is desirable to rent for both graduates and professionals due to its close proximity to amenities such as shops, restaurants, and bars, as well as great transport links with trains and buses.
The apartment briefly comprises of an open plan living room / kitchen with modern integrated appliances, large one bedroom with built in wardrobes, bathroom including bath with shower attached, WC and wash hand basin. There is also a balcony covering the dining/living room with views across Cardiff.
The property is currently rented for £1000pcm on a 12 month contract until August 2024.
The property has an EWS1 Certificate in place.
We have been given the following information regarding the charges: Further information: Years remaining - 984 Service Charge - £1652 - per annum Buildings Insurance - £1244.10 per annum Ground Rent - £200 per annum Reviewed next in 2033 Reserve Fund - £440 per annum Service charge review period - 1 January to 31 December each year Council tax band E
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Stamp Duty Calculator
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Based on property / land value of £154,950 there will be an approx of £ Stamp Duty due.
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For properties over £625k, SDLT is charged at 0% up to £250k and 5% from £250k to £925k.
This stamp duty calculator is designed to give you an idea of your stamp duty liability when buying a freehold residential property in England & N.Ireland. Stamp duty calculations are rounded down to the nearest pound. Stampy Duty guide is approx. as of 23rd September 2022 - please visit https://www.gov.uk/stamp-duty-land-tax for the latest information